The establishment of a dominant design marks an industry's transition from the growth phase to the maturity phase.

Question

Quizplus · Accepted Answer

The establishment of a dominant design signifies a level of commonality in product design and specifications within an industry. This commonality marks the transition from a phase of experimentation and diverse product offerings to a phase of standardization and market competition, which is characteristic of the maturity phase.

The Establishment of a Dominant Design Marks an Industry's Transition